Saudi Arabia opens October ‘Sah’ sukuk with 5% annual return
- Saudi Arabia has launched subscriptions for its October 'Sah' savings sukuk, offering a 5% annual return, an increase from September's 4.80%.
- The subscription period runs from October 4 at 10 a.m. to October 6 at 3 p.m.
- This sukuk is riyal-denominated, Shariah-compliant, and has a one-year saving period, with returns paid at maturity.
- Minimum subscription is set at SR1,000 ($266) and the maximum at SR200,000 per individual throughout the program.
